Liz Truss announces candidacy for UK prime minister

Liz Truss announces candidacy for UK prime minister

Foreign Secretary Liz Truss has become the last conservative to have launched a campaign to become the next prime minister, saying it will lower taxes “since the first day”, writes The Guardian. In a long-awaited move announcing her candidacy, she said she would lower the [...] tax.

In a long-awaited move announcing its candidacy, she said she would lower the corporate tax, change the growth of National Insurance and regulate business norms.

In a column about The Telegraph she said:

It's not fair to tax now. I would cancel the growth of the National Insurance that came during April, make sure that we keep the corporate competitiveness tax so that we can attract businesses and investments in Britain, and place Covid's debt on a long-term basis.

I will make the private sector grow faster than the public sector, with a long-term plan to reduce state size and tax burden.

She added: “We must match the British people. Times are difficult, but with the right economic action and plan, we will soon get back on track.

“rejects the voices of the fall and I firmly believe that our best days are ahead. We can and will achieve that progress now by making sure that the shovels enter the ground, people are at work and more money goes to local areas. ”

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